Thycotic’s Cyber Security Publication

How Security Can Make IT More Productive

May 31st, 2016

In their Technology Spotlight, IDC examined issues around security and the undergoing transformation from negative to positive and from obstructionist to an enablement role. The paper also highlighted how Thycotic solutions play in addressing associated challenges.

According to IDC, Privileged Access Management (PAM) is foremost on the minds of enterprises as they defend against credential theft and other account compromise. The focus on shared accounts and partner access continues to drive the need. Furthermore, the architecture lends itself to broader use as user activity monitoring and dynamic authentication become more popular.

Thanks to companies such as Thycotic, the PAM space continues its robust growth.

At Thycotic, we believe that it’s critical to secure privileged accounts in today’s environments. Privileged accounts are used in many devices including servers, operating systems and databases. Attackers target privileged accounts to gain access and escalate their privileges, eventually gaining access to confidential information.

Because these “bad actors” are using the privileged credentials of an authorized user, they can be very difficult to identify once access has been attained.

The situation is exacerbated by:

Unknown and unmanaged admin accounts

“Privilege creep” that unknowingly causes low-level admins to accumulate dangerously high levels of privilege over the years

Default accounts and passwords that were never changed

Superuser/root accounts and passwords that are shared among many admins

To address these issues, many organizations still depend on manual systems which are inefficient and ineffective

In an effort to make systems easier to use and operate, while being more secure at the same time, we recently unveiled Secret Server 9.0, the latest version of our flagship solution which enables businesses of all sizes to store, distribute, change and audit passwords in a secure environment. Secret Server 9.0 provides organizations with a fundamental security layer to protect against cyber-attacks that target privileged accounts to get at critical information assets within an organization.

Get more information on Secret Server 9.0 and discover why nearly 4,000 companies worldwide, including Fortune 500 enterprises, rely on Thycotic for the best PAM and security available on the market today.